Google Is Said to Ready Test of Payment System in New York, San Francisco

Google Inc. plans to start testing a mobile-payment service at stores in New York and San Francisco within four months, letting shoppers use their phones to ring up purchases, two people familiar with the project said.The company will pay for installation of thousands of special cash-register systems from VeriFone Systems Inc. (PAY) at merchant locations, said one of the people, who requested anonymity because Google’s plans haven’t been made public. The registers would accept payments from mobile phones equipped with so-called near-field-communication technology.To read this Bloomberg report in full, see:
www.bloomberg.com/news/2011-03-15/google-is-said-to-ready-payment-test-in-new-york-san-francisco.htmlAlso see:Report: Google planning mobile payment trial
Google plans to begin testing a mobile payment service within the next four months, according to a report today.The company will pay for the installation of thousands of NFC (Near-Field Communication) short-range, wireless point-of-sale systems from VeriFone at stores in New York and San Francisco, Bloomberg reported, citing two unidentified sources familiar with the project. Users of phones with NFC chips in them could then make payments by holding the devices up to the specialized reader.
news.cnet.com/8301-27080_3-20043510-245.html

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